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has anyone used citibank to transfer aussie dollars to the philippines? last week i opened a citibank account in sydney for this purpose. We need to pay for a house deposit and thought this may be the best way to go they offer no fees for withdrawls through other banks (good for us being in Bohol and the closest citibank is in cebu). the plan was to have the mrs open a citibank account in cebu. then i can deposit to her account with no fees and she can withdraw it it cebu the thing is how much can she withdraw over the counter in one hit? theyve only authorized me for $1000 AU a day on my debit card via ATM. the deposit is 500k so I would need to spend 12 days or so in cebu hitting the ATM once a day HSBC do 40k withdrawls so maybe i could get my limit increased, but maybe its better just to transer to the mrs account and take it out all in one hit. any advice greatly needed and appreciated! Ive been using LBC so far but theyre a hassle with big amounts... thanks guys!

I was wondering what's the best way to transfer Swiss francs from a Swiss bank account to a Philippine bank account? Are there any banks in the Philippines that offer bank accounts in Swiss francs? Thanks in advance.

http://www.naturalnews.com/042529_Chase_bank_capital_controls_financial_red_alert.html Confirmed: Chase bank drops the hammer on capital controls; no money allowed to transfer out of USA starting Nov. 17th I admit that when I saw today's breaking news on InfoWars.com about Chase Bank limiting cash withdrawals and banning international wire transfers, I was skeptical. Many readers didn't believe it, either. So just to check it out, I called my own accounting team to ask if we had received a similar letter from Chase, announcing that no international wire transfers would be allowed after Nov. 17th. Sure enough, we were sent the same letter! I've posted a JPG image of the letter below so you can read it for yourself. Or Click here to see the hi-res scan of this letter. This is the letter that we received directly from Chase. This is not secondhand information. The letter clearly states that beginning November 17: • All international wire transfers will be disallowed. • All cash activity, including cash withdrawals and deposits, will be halted at "$50,000 per statement cycle." How are businesses who deal with a lot of cash (such as restaurants) supposed to function under such restrictions? Chase Bank representatives told Natural News "everything is fine" We called and spoke with Chase Bank to ask why these capital controls were being implemented on November 17th. Their response was that these changes were being implemented "to better serve our customers." They did not explain how blocking all international wire transfers would "better serve" their customers, however. Chase Bank specifically denied any knowledge of problems with cash on hand, or government debt or any such issue. They basically downplayed the entire issue and had no answers for why capital controls were suddenly being put into place. Dropping the hammer on capital controls This is the beginning of the capital controls we've been warning about for years. Throughout history, when governments are on the brink of financial default, they begin limiting capital controls in exactly the way we are seeing here. Following that, governments typically seize government pension funds, meaning the outright theft of pensions for cops, government workers, etc., is probably just around the corner. Finally, the last act of desperation by governments facing financial default is to seize private funds from banks, Cyprus-style. The precedent for this has already been set in Cyprus, and when that happened, I was among many who openly predicted it would spread to the United States. This is happening, folks! The capital controls begin on November 17th. The bank runs may follow soon thereafter. Chase Bank is now admitting that you cannot use your own money that you've deposited there. This is clearly stemming from a government policy that is requiring banks to prevent cash from leaving the United States. Such policies are only put into place when a huge financial default event is expected. More updates to follow. Stay tuned to Natural News for intelligent analysis of why this is happening. We are already receiving word that this may have something to do with the "Dodd-Frank Wall Street Reform and Consumer Protection Act" and we are looking into it further. Here's the letter we received: (http://64.19.142.10/www.naturalnews.com/images/Chase-Bank-10-08-2013-Blackout-600.jpg)